News articles about Sun Life Financial (NYSE:SLF) (TSE:SLF) have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sun Life Financial earned a news impact score of 1.29 on their scale. InfoTrie also gave media stories about the financial services provider an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Sun Life Financial’s score:
- Stock Analysis Checklist: Sun Life Financial Inc. (SLF), Spartan Motors (SPAR) (247trendingnews.website)
- What You Must Know? Sun Life Financial Inc. (SLF) (nysewired.com)
- Midterms’ impact on benefits: Dems controlling more state legislatures and the House could mean new paid family and … (prnewswire.com)
- Sun Life Financial declares CAD 0.50 dividend (seekingalpha.com)
- Sun Life Financial, Inc. 2018 Q3 – Results – Earnings Call Slides (seekingalpha.com)
Several equities analysts have recently commented on the stock. Barclays reaffirmed a “buy” rating on shares of Sun Life Financial in a research report on Friday. Canaccord Genuity reaffirmed an “average” rating and set a $53.00 price target on shares of Sun Life Financial in a research report on Friday. Zacks Investment Research cut shares of Sun Life Financial from a “hold” rating to a “sell” rating in a research report on Monday, July 23rd. Desjardins reaffirmed a “buy” rating on shares of Sun Life Financial in a research report on Tuesday, October 16th. Finally, ValuEngine cut shares of Sun Life Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, August 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $53.60.
NYSE SLF traded down $0.32 during trading hours on Friday, reaching $36.68. The company’s stock had a trading volume of 484,584 shares, compared to its average volume of 499,828. The company has a quick ratio of 4.06, a current ratio of 4.06 and a debt-to-equity ratio of 0.20. Sun Life Financial has a 52 week low of $35.78 and a 52 week high of $44.50. The stock has a market capitalization of $22.51 billion, a P/E ratio of 11.46 and a beta of 0.83.
Sun Life Financial (NYSE:SLF) (TSE:SLF) last issued its earnings results on Wednesday, August 8th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.32. Sun Life Financial had a net margin of 9.24% and a return on equity of 13.44%. The firm had revenue of $5.29 billion for the quarter. During the same period in the prior year, the business earned $1.12 EPS. As a group, equities research analysts expect that Sun Life Financial will post 3.65 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 31st. Shareholders of record on Wednesday, November 28th will be issued a $0.38 dividend. The ex-dividend date is Tuesday, November 27th. This represents a $1.52 dividend on an annualized basis and a yield of 4.14%. This is a boost from Sun Life Financial’s previous quarterly dividend of $0.37. Sun Life Financial’s dividend payout ratio (DPR) is currently 45.63%.
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About Sun Life Financial
Sun Life Financial Inc, a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients, high-net-worth individuals, and families. It operates through Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate segments.
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